How Technology Can Save Commercial and Business Banks from the Brink

This exclusive report has found that many commercial & business banks risk extinction as slow onboarding and manual processes drive customers away and into the hands of digital providers such as; Revolut, Monzo, Vimeo, N26, Amazon, Alibaba and so many more.

Key findings include:

• 78% of the banks surveyed said that they have lost customers to digital-first, disruptive competitors already
• 92% of CEOs agreeing that they need to transform radically to compete with digital-first neo banks
• 41% of banks rely on manual processes and excel for KYC
• 1/5 banks have actually increased onboarding times not lowered them

Simply complete our registration form on the right to download the report.